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The economy of South Africa is a mixed economy, emerging market, and upper-middle-income economy, one of only eight such countries in Africa. [ 26][ 27][ 28] The economy is the most industrialised, technologically advanced, and diversified in Africa. [ 29] Following 1996, at the end of over twelve years of international sanctions, South Africa ...
In the 2018/19 fiscal year SARS collected R1 287.7 billion (equivalent to US$86.4 billion)[5]in tax revenue, a figure R71.2 billion (or 5.8%) more than that from the previous fiscal year. In 2018/19 financial year, South Africa had a tax-to-GDP ratio of 26.2% that was only slightly more than the 25.9% in 2017/18.
According to Statistics South Africa 's [ 6] mid-year population estimates for 2018, [ 7] the total HIV prevalence rate for the country is 13.1%. The HIV prevalence rate for all adults aged 15 to 49 is 19.0%. [ 7] Statistics South Africa estimates the number of deaths attributable to AIDS in 2017 as 126,755 or 25.03% of all South African deaths.
Map of the world showing national-level sales tax / VAT rates as of October 2019. Additional local taxes may apply. [citation needed]A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit.
This downward slide could be attributed to a range of factors: South Africa's worsening current account deficit, which widened to a 36‑year high of 7.3% of gross domestic product (GDP) in 2007; inflation at a five-year high of just under 9%; escalating global risk aversion as investors' concerns over the spreading impact of the sub-prime ...
Demographics of South Africa. According to the 2022 census, the population of South Africa is about 62 million people of diverse origins, cultures, languages, and religions. [ 1] The South African National Census of 2022 was the most recent census held; the next will be in 2032. [ 4]
The East African Community ( EAC) is an intergovernmental organisation in East Africa. The EAC's membership consists of eight states: Democratic Republic of the Congo, the Federal Republic of Somalia, the Republics of Burundi, Kenya, Rwanda, South Sudan, Uganda and Tanzania. [ 5] Salva Kiir Mayardit, the president of South Sudan, is the current ...
Africa is the world's second-largest and second-most populous continent after Asia. At about 30.3 million km 2 (11.7 million square miles) including adjacent islands, it covers 20% of Earth 's land area and 6% of its total surface area. [ 7] With 1.4 billion people [ 1][ 2] as of 2021, it accounts for about 18% of the world's human population.
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